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Retail Suite in High-Traffic Center
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1130-1144 Wallace Rd NW, Salem, OR 97304

Turnkey retail suite in established shopping center, available November 2025.

Property Size105,457 SF
Lot Size8.00 Acres
Days on Market185

Property Features for 1130-1144 Wallace Rd NW

General Information

Standard status Active
Size 105,457 SF
Lot size 8.00 Acres
Property subtype Retail
Listing Agency: Capacity Commercial Group
Listed By: Nick Williams, CCIM · License #201230204
Source: Corfac
Added: Jan 26 Changed: Jul 6 Last Checked: Jul 30 at 5:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

This inline retail suite is located within an established shopping center spanning over 8 acres. Anchored by Roth’s Fresh Markets and complemented by national and regional brands such as Starbucks, Baskin-Robbins, and Tan Republic, the center benefits from consistent customer traffic. The location offers high visibility and accessibility, with traffic counts exceeding 30,000 vehicles per day and ample on-site parking. The suite is configured for a salon, barber shop, or personal services business, featuring existing plumbing, an in-suite restroom, new flooring, and updated interior finishes. This creates a move-in-ready environment. There are no direct competitors within the property. The suite is available for occupancy starting November 1, 2025. Current CAM's are $6.64 per square foot per year, including property tax, insurance and operational costs; $3.60 per square foot is attributable to property taxes.

Key Highlights

  • No direct competitors within the property, offering a unique opportunity to capture existing demand.
  • Infrastructure already in place for salon/barber shop or personal services business (plumbing, restroom).
  • Located in a high‑traffic shopping center (30,000+ VPD) anchored by Roth's Fresh Markets and national co‑tenants like Starbucks.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Locksmith Electrical Service Catering Service (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

$6.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 97304, OR

34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value

Market

Lease Benchmarks for Salem, OR

$26.17 /SF/Yr
Avg Asking Price
$10–$38 /SF/Yr
Price Range
21,569 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Turnkey retail suite in established shopping center, available November 2025.
Where is this retail space located?
The property is located at 1130-1144 Wallace Rd NW Salem, OR.
What are key features of this property?
This property features: No direct competitors within the property, offering a unique opportunity to capture existing demand.; Infrastructure already in place for salon/barber shop or personal services business (plumbing, restroom).; Located in a high‑traffic shopping center (30,000+ VPD) anchored by Roth's Fresh Markets and national co‑tenants like Starbucks.
More about this property
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